Lufthansa ‘to dismantle BMI in next few months’

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The British carrier lost €154 million in the first nine months of this yearSteve Parsons/PA

David Robertson

Last updated at 12:01AM, October 28 2011

A surge in losses at BMI British Midland has prompted speculation that the airline will be sold or broken up within months.

Lufthansa, which owns BMI, said yesterday that its British subsidiary had lost €154 million (£136 million) in the first nine months of this year, compared with €90 million in the same period last year.

The losses were equivalent to €34 for every passenger carried, and the airline’s revenues also fell, down 5.5 per cent to €658 million.

Lufthansa said that BMI’s losses came despite attempts to restructure the airline and that a number of options were being considered